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Galaxy Digital Sees Bitcoin Bear Market Over, Accumulation Phase Under Way
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Galaxy Digital Sees Bitcoin Bear Market Over, Accumulation Phase Under Way
  • Galaxy Digital's Oct. 22, 2026, analysis favored buying and holding bitcoin, citing a June market bottom and reduced selling pressure.
  • Bitcoin traded at $81,391 on Oct. 22, 35% below its October 2025 high; regaining that peak would require a 53% rise.
  • Five consecutive weekly closes above the 50-week moving average supported the recovery thesis; U.S. spot ETFs added 87,000 BTC since June's low.
  • Federal debt of $40.44 trillion reinforced the analysis's currency-debasement thesis, supporting demand for bitcoin's fixed supply.
  • A weekly close below $76,540 without recovery within a month would challenge the outlook, as would ETF holdings below 1,220,000 BTC.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galaxy Digital Inc. published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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